As much as Congress might like to sweep the problem of what to do with Fannie and Freddie under the rug, people are beginning to talk about the need to do something and now a couple of prominent economists have put forth a comprehensive plan. Donald Marron and Phillip Swagel have a comprehensive description of […]

You’ve all no doubt by now seen the numbers. Existing home sales in April were up big time. The NAR report tells you everything (almost) that you need to know: Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 7.6 percent to a seasonally adjusted annual rate of 5.77 million […]